Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Bybit+0.057%47s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.057% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NVDAUSDT	227.40	0	get 0.0000% / 8h	5h 26m	$12.6M	$16.0M	100x
Short	Vest NVDA-USD-PERP	227.53	0.0046	get 0.0006% / 1h	26m 41s	—	$74K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee VestbpOrdersPrice spread, now +0.057%Rate

Funding earned: $9.59
Price spread: +0.057% → 0.000%: $5.72
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: $2.31
Costs to cover: 0.130%
Break-even: 5.3 days

Slippage unknown: Bybit: live order book, 5 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 5 min ago	0.22 bp	6.6 bp −$7	10.2 bp −$102	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NVDA on 35 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	−0.1600%	1h	227.27	−0.057%	$35K	—	20x	as long as short
Bybit NVDAUSDTlong	0.0000%	8h	227.40	long leg	$12.6M	$16.0M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.41	+0.004%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.34	−0.026%	$7.2M	$9.2M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.46	+0.026%	$15.6M	$15.9M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.01	−0.172%	$2K	$3.3M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.30	−0.044%	$16K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.49	+0.040%	$199K	$399K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.37	−0.013%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	227.16	−0.107%	$117K	$52K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.15	−0.110%	$611K	$930K	10x	as long as short
Aster NVDAUSDT	+0.0040%	8h	227.37	−0.015%	$484K	$565K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.38	−0.009%	$1.3M	$9.0M	10x	as long as short
Vest NVDA-USD-PERPshort	+0.0046%	1h	227.53	+0.057%	—	$74K	25x
Lighter NVDA	+0.0048%	1h	227.36	−0.016%	$2.1M	$3.1M	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.29	−0.048%	$149.1M	$45.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.30	−0.044%	$392K	$233K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.27	−0.057%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.20	−0.088%	$1.5M	$1.9M	15x	as long as short
GRVT NVDA_USDT_Perp	+0.0051%	8h	227.25	−0.066%	$20K	$427K	10x	as long as short
edgeX NVDAUSDC	+0.0063%	4h	227.38	−0.011%	$171K	$1.9M	20x	as long as short
Nado NVDA-PERP	+0.0096%	1h	227.25	−0.066%	$478K	$208K	20x	as long as short
Lighter RH NVDA	+0.0096%	1h	227.52	+0.053%	$5.3M	$7.2M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.22	−0.077%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.22	−0.079%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.37	−0.013%	$36K	$19K	20x	as long as short
Variational Omni NVDA	+0.0122%	8h	227.19	−0.092%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERP	+0.0128%	1h	227.37	−0.013%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	227.39	−0.004%	$1.3M	$664K	10x	as long as short
KuCoin NVDAUSDTM	+0.0140%	8h	227.38	−0.009%	$1.6M	$1.4M	20x	as long as short
Phoenix NVDA	+0.0141%	1h	227.10	−0.132%	$93K	$82K	20x	as long as short
Binance NVDAUSDT	+0.0179%	8h	227.41	+0.004%	$155.9M	$223.9M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.63	+0.101%	$73K	$138	30x	as long as short
BloFin NVDA-USDT	+0.0297%	8h	227.42	+0.009%	$738K	$201K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.30	−0.044%	$384K	$706K	20x	as long as short